Another Sighting … User-Led Innovation: A New Framework For Co-Creating Business and Social Value

Hot on the heels of the recent post about "The Rise In Collective Intelligence – Decentralizing Co-creation of Value as a New Paradigm of Commerce and Culture" comes the release of a second report or white paper with a remarkably similar title … "User-Led Innovation: A New Framework For Co-Creating Business and Social Value".

There must be something in the water or the air, one would think.

This announcement comes from the P2P Foundation, spearheaded by Michel Bauwens.

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User-Led Innovation: A New Framework For Co-Creating Business and Social Value

This new CRC report reveals the major drivers of user-led innovation and explores how it is affecting organisations’ relationships with key stakeholders.

It investigates how user-led practices generate business and social value through a major case study of the virtual world Second Life. The report canvasses a number of pathways for organisations to leverage the participation of their audiences, customers and citizens in the interest of co-creating new products, services and platforms.

The research draws on extensive interviews with some of the world’s leading thinkers on the social, economic and legal aspects of user-led innovation including: Eric von Hippel (MIT), Yochai Benkler (Harvard), Jimmy Wales (Wikipedia), Siva Vaidhyanathan (Virginia), John Howkins (Adelphi Charter), Michel Bauwens (P2P Alternatives) and Mitch Kapor (Linden Lab).

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The people interviewed, as cited, are certainly amongst those that are seen to carry significant authority in this Internet era.  The same can be said of the Aspen Institute Roundtable participants, who included John Seeley Brown, Joi Ito, John Hagel (featured speaker at the upcoming FASTForward08 conference), Tom Malone of MIT, and other clearly credible folks.

At the risk of being seen to be involved in repeated and shameless self-promotion (I tagged this on to the previous post as well), I’d like to tag onto this emerging activity the working definition of wirearchy from a couple or so years ago.  I promise I’ll stop soon 😉

"a dynamic two-way flow of power and authority based on knowledge, trust, credibility and a focus on results, enabled by interconnected people and technology"

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Tags: Collective Intelligenece, Co-creation of value, new paradigms, peer-to-peer, business models, wirearchy

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